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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Confusion abounds me again, a previous question on portfolio allocation consisted of 25% Income ,55% Equity and 20% Growth (high risk) ... I have not bought into high risk portfolio and my other are a 50/50 split ... I am 59 and in the first year of retirement and have set up LIF,RIF etc to access monthly payments. And now your latest news letter says to make sure I have international diversification in my portfolio(s) ... do these 2 portfolios , Income and Equity cover this international allocation?? Disclosure ,I am a follower and am emulating these portfolios to a T , TY for all you have done for all of us.
Read Answer Asked by Alan on July 17, 2015
Q: I would appreciate your thoughts on the movement in price today (up nearly 10% today). I realize price is still down 20% from 3-months ago, is this simply the market adjusting as the stock was oversold, or was there an announcement today I'm missing. Appreciate your insight.
Read Answer Asked by Daniel on July 17, 2015
Q: Dear Peter and team:
I know in your recent answer to a question about TFSA, you had suggested a US stock and an ETF (VIG) It is my understanding that US withholding tax applies to TFSA. (not to RRSP.
Therefore wouldn't it be prudent to buy either Canadian stocks in TFSA or pure play growth stocks from the US or Europe or Asia. My question then is this: what are such pure play growth stocks in the US/Rest of the world that I can hold in my TFSA without worrying about withholding tax?
Always appreciate your measured answers.
Read Answer Asked by Savalai on July 17, 2015
Q:
Peter; I am sending the below re CPH and the June 17 Question re the technical chart then saying it could head to $1.75-2.00. As you said it's for the brokers benefit.Publish if you wish.Rod

Read Answer Asked by Rodney on July 17, 2015
Q: Amaya did not get Bwin. What are the implications for aya?
Read Answer Asked by Helen on July 17, 2015
Q: Good-day!
My niece (33 years old, well paid employment) has about $15K to invest, will add at least $10K every year, has no idea what a dividend is (and doesn’t want to know!), and wants my advice. I am suggesting a TFSA with probably a few ETFs, or possibly a basic 3 or 4 stock “beginner’s” portfolio inside the TFSA. For a long term holding I would appreciate it if you could you provide a few suggestions both from ETFs and a few basic stocks, perhaps with the thought of a minimum of $5K in each, maybe incorporating drip. This would all come with the usual wish list of course of some foreign (US at least) exposure, maybe some dividend income, secure payout ratios, reasonable ROE, and capital security. Not too much to ask, of course! ... and if I do ever spark her interest in the investing melee, then my first advice will be a subscription here!
(This question may have already made it to you earlier this afternoon, but I am unsure after some computer hiccupping after I pushed send)
Read Answer Asked by Paul on July 17, 2015
Q: Can I please have your updated opinion on Harmony Gold (HMY)? It's drifted significantly lower recently and the CEO just announced his retirement. Wondering if these two events are related and the overreaction is presenting a buying opportunity?
Read Answer Asked by Chris on July 17, 2015
Q: IMAX: recomm. as a growth stock to-day. It looks hugely over valued, high debt., low ROE, no dividend, down because IPO in China has been postponed.
Read Answer Asked by James on July 17, 2015
Q: Good afternoon,
May I have your analysis of HEX as an income play? Is there a better alternative?
Thank you
Read Answer Asked by Peter on July 17, 2015
Q: Which company represents better valuation for a long term hold? What are the pros and cons of these two for income purposes?
Read Answer Asked by Liza on July 17, 2015
Q: What is your out look for black pearl. Shares are down 50% yet it seems cheap on a price to cash flow basis. The net debt is only 20% of its market value. What is up with this stock.
Read Answer Asked by Marc on July 17, 2015
Q: Hi Guys,

MERUS has filed a shelf registration with U.S. and Canadian regulators to sell up to $250 million of equity securities over the next 25 months. What does this mean and do you see MERUS as a buy, sell, or hold right now.

Thanks
Read Answer Asked by Charlie on July 17, 2015
Q: If we see a material reduction in short interest is that an indication that share price may have found a bottom? Just wondering if it is worth paying attention to the short interest in Home Capital.
Read Answer Asked by Murray on July 17, 2015
Q: Full disclosure, I sold all my INP when I learned Saskatchewan was dry and the canola price was rising. All commentators say yeah good buy. I questioned, I maybe wrong as I often am,- but I try to take cover if I am not sure, if there is a light crop INP may have to take it's share of the crop in 2017 as it had to take last year's share this year. The reason the canola price goes up is lack of crop - Input does not get paid till it sells is oil seed.
Read Answer Asked by Lynda on July 17, 2015
Q: I'm planning to use your three model portfolios as a guide for my own investments. While your models show percentage holdings for each stock within a portfolio, I haven't noticed a theoretical total dollar amount or relative percentage for each of the three portfolios as a whole.
My question is what percentage of each of the three portfolios would you recommend to someone with a 5-7 year horizon?

Thanks as always for your great website
Read Answer Asked by Michael on July 17, 2015
Q: I wonder if you can comment on the prospects for this company, they have a very innovative product line, which is unique in their field. They are growing and would seem to be a natural fit for JNJ or Medtronic, what are your thoughts?

Peter
Read Answer Asked by peter on July 17, 2015